Shenzhen Soling IndustrialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Soling IndustrialLtd has a total shareholder equity of CN¥715.8M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥451.4M respectively. Shenzhen Soling IndustrialLtd's EBIT is CN¥30.8M making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥448.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7.3x |
| Cash | CN¥448.27m |
| Equity | CN¥715.78m |
| Total liabilities | CN¥451.42m |
| Total assets | CN¥1.17b |
Financial Position Analysis
Short Term Liabilities: 002766's short term assets (CN¥798.5M) exceed its short term liabilities (CN¥430.1M).
Long Term Liabilities: 002766's short term assets (CN¥798.5M) exceed its long term liabilities (CN¥21.3M).
Debt to Equity History and Analysis
Debt Level: 002766 is debt free.
Reducing Debt: 002766 has no debt compared to 5 years ago when its debt to equity ratio was 130.7%.
Debt Coverage: 002766 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002766 has no debt, therefore coverage of interest payments is not a concern.